Tax Incentives

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ACT 60

Also known as the "Code of Incentives", became a law on July 1, 2019, to gather and measure the return on investment of the Puerto Rico tax incentives acts available currently, including Acts 20 and 22 of 2012.

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ACT 20

On January 17, 2012 Puerto Rico's government enacted the Act No. 20 of 2012, also known as the "Export Services Act" to offer the necessary elements to create a World Class Service Center by providing tax credits and tax exemptions to business engaged in eligible activities in Puerto Rico.

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ACT 22

"The Individuals Investors Tax Act of 2012" or Act No. 22 was created to promote individual investors to relocate to the Island by providing a total exemption from Puerto Rico income taxes on all passive income realized or accrued after such individuals become bona fide residents.

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ACT 273

To make Puerto Rico an international banking and financial center, the government enacted Act No. 273, also known as “The International Financial Center Regulatory Act"; which grants tax incentives for new banking and financial activity in Puerto Rico that is provided for clients outside of the island.